💎 Paradisers, after taking the liquidity sweep, #ARUSDT has shown an Internal Change of Character (I-CHoCH) and Internal Break of Structure (I-BOS), followed by forming an inverse head and shoulders pattern. 💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish...
💎 Paradisers, #AR has taken the liquidity of traders who acted on the M-pattern breakdown, but now that the price has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, we can anticipate a bullish move. 💎 If the price breaks above the resistance level, we can target the next resistance levels. 💎 In the event of a pullback, we...
Price is trying to go higher. I think it is a basic and easy trade. Resistance looks weakened. Low risk. Good luck.
Banknifty has fallen almost vertically 10.4% in last 16 bars, so natural question is where would this free fall got arrested. We can try to find the answer in the light of Action/Reaction method. There is a beautiful center-line(Multi-Pivot Line) with 5 touches so it could be considered reliable. AR set based upon it is suggesting that we are now close to the zone...